Northumberland Acquires Two Additional Oil Leases in Kansas
July 25 2012 - 3:07PM
Marketwired
Northumberland Resources, Inc. (OTCBB: NHUR) (OTCQB: NHUR) is
pleased to announce it has acquired a 35% working interest in the
Sanders Oil Lease located in Stafford County, Kansas, a 160 acre
parcel of five wells situated on historically proven oil producing
leases. Of the five wells, one is a salt water disposal well and
the other four were producing wells. The Company plans to bring
four of the 5 wells online later in 2012 that will add to our daily
production numbers. The Company also purchased a 12 1/2% working
interest in the Asmussen Oil Lease, a 70 acre oil lease situated in
Butler County, Kansas. This purchase includes one producing well
and one water disposal well.
About Northumberland Resources
Northumberland Resources is a highly focused, risk-averse oil
and gas exploration company with a strategy of building a
substantial portfolio of oil and gas assets in the onshore U.S.
Northumberland Resources is a reporting company quoted on the OTCBB
under the symbol NHUR. Additional data on the Company is available
through its website northumberlandresources.com.
Notice Regarding Forward-Looking
Statements
This news release contains "forward-looking statements" as that
term is defined in Section 27A of the United States Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release which are not purely historical
are forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Such forward-looking statements include, among other things, the
development, costs and results of our exploration program at our
properties and any anticipated future production. Actual results
could differ from those projected in any forward-looking statements
due to numerous factors. Such factors include, among others, the
inherent uncertainties associated with petroleum exploration and
development stage exploration companies. These forward-looking
statements are made as of the date of this news release, and we
assume no obligation to update the forward-looking statements, or
to update the reasons why actual results could differ from those
projected in the forward-looking statements. Although we believe
that the beliefs, plans, expectations and intentions contained in
this press release are reasonable, there can be no assurance that
such beliefs, plans, expectations or intentions will prove to be
accurate. Investors should consult all of the information set forth
herein and should also refer to the risk factors disclosure
outlined in our annual report on Form 10-K for the most recent
fiscal year, our quarterly reports on Form 10-Q and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
Contact: Peter Hewitt Director 1-253-432-1233
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